Waterfalls

Fund universe

Fund · Sponsor

Asset class

Strategy

Vintage

Composite

RUNNING THE NUMBERS ON

LP IRR

-5.6%

annualized

LP Multiple

0.75×

$375K

LP Take

75.0%

of gross proceeds

GP Take

25.0%

incl. fees

Fee Drag

25.0%

$125K

Dollar split

Where your dollar goes

Every dollar of gross proceeds traced through the waterfall at the current exit.

Total gross proceeds$500,000

LP · 75.0%$375K

Fees · 25.0%

Limited PartnersFees to ManagerGP Promote

Cascade · Distributions

$500K

LP $375K · Fees $125K · GP $0

LPFeesGPhover a tier for the formula · click to pin

Tier-by-tier trace

Same numbers, tabular. Click to expand.

▾

Distributions

Return of Capital

Limited Partners

$375K